Verification bodies define eligibility criteria, rules, and carbon accounting frameworks for carbon projects.
Carbon credits explained: a guide to climate action
Standards bodies like Verra, Gold Standard, ACR and CAR establish methodologies and standards for climate projects.
Carbon credits explained: a guide to climate action
Verra and Gold Standard set rigorous international standards for carbon projects
Research brief: Net-zero and carbon-credit finance (2026-07-
Gold Standard renewable-energy credits traded at $1.05/tCO₂e and Verra at $0.55–$0.60/tCO₂e in early 2025
CANOPTICON Second-Pass Stress-Test: The Net-Zero / Carbon-Fi
Verra certifies roughly three-quarters of the global voluntary carbon market
CANOPTICON Second-Pass Stress-Test: The Net-Zero / Carbon-Fi
94% of Verra REDD+ credits lack climate benefit
REDD+ / Verra rainforest credits have no measurable climate benefit
The Net-Zero / Carbon-Credit / Climate-Finance Architecture:
California's compliance program had to retire credits in 2021 after wildfires destroyed credited forests
Title and Executive Summary
Verra has issued more than 1 billion credits since 2009
Verra issued >1bn credits since 2009
The Net-Zero / Carbon-Credit / Climate-Finance Architecture:
These are things people say about ike Verra that aren't settled fact — each one attributed to who's actually claiming it, so a claim never quietly passes as established just because it showed up in a document. Weigh it yourself.
"Verra projects had sold ~3x more credits than the forest preservation justified"
"carbon markets are a monetary restructuring play rather than climate solution"
"climate profiteering"
"Verra disputes the methodology of the West et al. (2023) analysis"
"the voluntary carbon market is empirically closer to a wealth-transfer mechanism than an abatement technology"
"only a minority of project units showed statistically significant reductions in deforestation, and just 19% met their reported emissions targets"
"systematic over-crediting in California's compliance offsets program"
"most projects did not substantially reduce deforestation, and those that did reduced it much less than had been claimed"